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| 2022 | Verso Corporation(NYSE:VRS) dropped from S&P Global BMI Index | CI |
| 2022 | Verso Corporation(NYSE:VRS) dropped from S&P TMI Index | CI |
(Reuters) - Coated paper producer Verso Paper Corp said it would buy privately held NewPage Holdings Inc for $1.4 billion.
The combined company will have annual sales of about $4.5 billion and 11 manufacturing facilities located in six states.
NewPage shareholders will receive $250 million in cash and $650 million in notes. They will also receive a roughly 20 percent stake in Verso.
(Reporting by Swetha Gopinath in Bangalore; Editing by Don Sebastian)
| 1st Jan change | Capi. | |
|---|---|---|
| +16.43% | 5.45B | |
| +46.77% | 2.97B | |
| +11.30% | 1.58B | |
| -6.60% | 1.55B | |
| +42.55% | 1.18B | |
| -24.23% | 874M | |
| +35.91% | 801M | |
| -9.06% | 800M | |
| -44.48% | 795M |
VERSO CORP 
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